Affordable irrigation systems

Affordable irrigation systems

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Affordable irrigation systems
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Business Model Description

Provide irrigation solutions for farmers, such as affordable solar systems and integrated solutions with multipurpose dams, incl. extension services for capacity building.

Expected Impact

Contribute to agricultural productivity as well as increase farmers' yields and income.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Clean water and sanitation (SDG 6) Life on Land (SDG 15)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Industry, Innovation and Infrastructure (SDG 9) Responsible Consumption and Production (SDG 12)
Sector Sources
  • 1) World Bank (2020). Kenya Economic Update: Turbulent Times for Growth in Kenya. 2) World Bank database, 2020. https://data.worldbank.org/ 3) ISIC Classification Revision. Comparative Industry Forecast Tables - Agriculture. 4) World Bank (2019). Unbundling the Slack in Private Sector Investment: Transforming Agriculture Sector Productivity and Linkages to Poverty Reduction. April 2019 | Edition No. 19. 5) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F. (2020). The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. 6) Ministry of Agriculture (2019). Agricultural Sector Transformation and Growth Strategy: Towards Sustainable Agricultural Transformation and Food Security in Kenya 2019-2029. 7) Government of Kenya. National Agriculture Investment Plan (NAIP) 2019-2024. http://extwprlegs1.fao.org/docs/pdf/ken189052.pdf 8) World Bank (2020). Kenya Economic Update: Turbulent Times for Growth in Kenya, 9) Food and Agriculture Organization of the United Nations. Agriculture Policies Database for Kenya.
IOA Sources
  • 10) 2030 Water Resource Group (2016). Agriculture and Irrigation Opportunity in Kenya. https://www.2030wrg.org/wp-content/uploads/2016/12/Agriculture-and-irrigation-opportunity-in-Kenya.pdf 11) Sustainable Blue Economy Conference (2018). Blue Economy Bankable Project. http://www.blueeconomyconference.go.ke/wp-content/uploads/2018/11/SBEC-Booklet-2019-20.11.2018-compressed.pdf 12) Republic of Kenya (2018). Third Medium Term Plan 2018 – 2022: Transforming Lives: Advancing Socio-economic Development Through The 'Big Four'. 13) Ministry of Agriculture (2019). Agricultural Sector Transformation and Growth Strategy: Towards Sustainable Agricultural Transformation and Food Security in Kenya 2019-2029. 14) You, L., Xie, H., Wood-Sichra, U., Guo, Z. and Wang, L. (2014). 'Irrigation potential and investment return in Kenya', Food Policy, vol. 47, 34-45. https://www.sciencedirect.com/science/article/abs/pii/S0306919214000712 15) International Food Policy Research Institute (2010). What Is the Irrigation Potential for Africa? - A Combined Biophysical and Socioeconomic Approach. Discussion Paper 00993. http://ebrary.ifpri.org/utils/getfile/collection/p15738coll2/id/2205/filename/2206.pdf 16) UNDP/PwC Stakeholders Interviews in Kenya, 2020. 17) SunCulture (2020). Lta company profile and its investors public profile. 18) UNDP/PwC Stakeholders Interviews in Kenya, 2020. 19) International Fund for Agricultural Development (2016). Economic and Financial Analysis of rural investment projects. http://www.fao.org/3/a-i6366e.pdf 20) Mwamakamba, S., Sibanda, L. and Pittock, J. (2017). 'Irrigating Africa: Policy Barriers and Opportunities for Enhanced Productivity of Smallholder Farmers', International Journal of Water Resources Development, vol. 33. https://www.tandfonline.com/doi/full/10.1080/07900627.2017.1321531 21) Mati, B. (2008). Capacity Development for Smallholder Irrigation in Kenya. Nairobi: Jomo Kenyatta University of Agriculture and Technology. https://www.researchgate.net/publication/227772664_Capacity_development_for_smallholder_irrigation_in_Kenya 22) KENIvest. Investment Incentives. http://www.invest.go.ke/starting-a-business-in-kenya/investment-incentives/ 23) Food and Agricultural Organization of the United Nations (2015). Kenya Irrigation Market Brief. http://www.fao.org/3/a-i5074e.pdf 24) Food and Agricultural Organization of the United Nations (1997). Irrigation Potential In Africa: A Basin Approach. Rome: FAO Land and Water Development Division. http://www.fao.org/3/W4347E/w4347e00.htm#Contents 25) Republic of Kenya'(2018). Third Medium Term Plan 2018 – 2022 Transforming Lives: Advancing Socio-economic Development Through The 'Big Four. 26) Irrigation Act 2019. http://kenyalaw.org/kl/fileadmin/pdfdownloads/Acts/2019/IrrigationAct_No.14of2019.pdf 27) 2030 Water Resource Group. Understanding the Kenya 2016 Water Act. https://www.2030wrg.org/wp-content/uploads/2016/12/Understanding-the-Kenyan-Water-Act-2016.pdf 28) KENIvest. Investment Incentives. http://www.invest.go.ke/starting-a-business-in-kenya/investment-incentives/ 29) Food and Agricultural Organization of the United Nations (2015). Kenya Irrigation Market Brief. http://www.fao.org/3/a-i5074e.pdf 30) SunCulture (2020). Our Impact. https://sunculture.com/ 31) Deutsche Welle (2013). Women take over Kenya's farming sector. https://www.dw.com/en/women-take-over-kenyas-farming-sector/a-16716322 32) SDG Tracker (2021). End poverty in all its forms everywhere. https://sdg-tracker.org/no-poverty